Latest Platina Resources (ASX:PGM) News

Platina Resources has reshaped itself around a 312 square kilometre gold portfolio in Western Australia’s Laverton district, backed by $8.61 million in cash. The FY2026 annual report shows stronger exploration momentum, but the company remains loss-making and dependent on turning targets into discoveries.

Exploration results, project funding and takeover activity drove another busy week across Australia’s materials market.
Investors rewarded new production plans and strong drill results, but several small-cap gaps quickly lost ground.

Platina Resources' first modern drilling at Sunrise Bore near Laverton reveals a wide, shallow gold system with significant high-grade zones, validating historical data and opening a large exploration window.

A tiny gold explorer, a battery materials stock and a biotech name led a week packed with dealmaking, drilling news and fresh funding. Resources did most of the heavy lifting, while several big gaps either held firm or gave back part of their early jump.

Speculation ran hottest in junior resources, where drilling hits, study results and funding deals drove some extreme weekly moves. Rare earths, gold and dealmaking set the pace, while several capital raisings and acquisitions produced mixed reactions.

Platina Resources has identified new gold mineralised corridors at its Mt McKenna project in WA, highlighted by significant aircore drill intercepts including 1m at 7.10g/t Au. The discovery supports plans for deeper reverse circulation drilling backed by a government grant.

Platina Resources has secured full ownership of the Sunrise Bore Project near Laverton, WA, and kicked off a 2,775-metre drilling program targeting a historically mineralised gold corridor.

Platina Resources has completed its acquisition of the Mt Morgans South Project from Genesis Minerals, adding 18 tenements in a prolific gold district and setting the stage for a focused exploration campaign.

Platina Resources has signed a binding Share Sale Agreement to acquire Bravo Minerals, owner of the Sunrise Bore Exploration Licence, expanding its Laverton gold portfolio in a promising but underexplored corridor.

Platina Resources has appointed Dr Paul Polito as Managing Director and CEO, bringing over 30 years of exploration expertise to lead its Western Australian gold projects. His remuneration is heavily tied to operational milestones and share price performance.

Platina Resources has struck a farm-in and joint venture deal with NE Minerals to advance the Brimstone Gold Project, shifting capital risk while retaining a 20% stake in the Western Australian asset.

Platina Resources has launched an extensive 2026 drilling campaign across its Laverton gold portfolio, while advancing key acquisitions to nearly double its landholding and navigating leadership changes.